Refer to the following table when answering
Table 7.2
$$\begin{array} { c c c c }
\hline & \begin{array} { c }
\text { Separation } \
\text { rate }
\end{array} & \begin{array} { c }
\text { Finding } \
\text { rate }
\end{array} & \begin{array} { c }
\text { Labor } \
\text { force }
\end{array} \
\hline 2015 & 2 \% & 20 \% & 130 \
2016 & 2.5 \% & 15 \% & 100 \
\hline
\end{array}$$
-Consider the data in Table 7.2. In ________ the natural rate of unemployment was the higher of the two years at ________ percent.

Question

Refer to the following table when answering  
Table 7.2
 $$\begin{array} { c c c c } 
\hline & \begin{array} { c } 
\text { Separation } \
\text { rate }
\end{array} & \begin{array} { c } 
\text { Finding } \
\text { rate }
\end{array} & \begin{array} { c } 
\text { Labor } \
\text { force }
\end{array} \
\hline 2015 & 2 \% & 20 \% & 130 \
2016 & 2.5 \% & 15 \% & 100 \
\hline
\end{array}$$
-Consider the data in Table 7.2. In ________ the natural rate of unemployment was the higher of the two years at ________ percent.

Quizplus · Accepted Answer

The natural rate of unemployment is calculated as the separation rate divided by the finding rate. For 2016, it is 2.5% / 15% = 16.7%, which is higher than in 2015.

Refer to the Following Table When Answering Table

Refer to the Following Table When Answering
Table